article thumbnail

How to Decrease the Odds That Your Startup Fails

Both Sides of the Table

It says that selling an airplane ticket for $500 and getting paid a $5 fees by the airlines (1% gross margin) is not the same thing as selling $500 of software that you built (>90% gross margin). Most of this advice boils down to an argument in favor of basic planning before starting a company or raising money.

Startup 150
article thumbnail

How to find funding for your hardware startup while we’re waiting for the hardware revolution

Version One Ventures

Hardware requires time, money, and inventory. As a result, most venture capitalists are reluctant to touch hardware projects, opting for the lower costs and smaller risks of software. Many VCs have a background in software and are less familiar and comfortable with bringing hardware projects to market. Patents versus traction.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Should Startups Focus on Profitability or Not?

Both Sides of the Table

If you spent the 3 years perfecting some hugely differentiated technology IP that may also be different. The first company represents a normal software company that sells its products directly (either via sales staff or directly off of the internet). They both raised angel / seed money of $1.5 ” Harsh, but reality.

Startup 418
article thumbnail

Which language should my startup use?

www.reincubate.com

Share this: net c# development django java language php software Were often asked by entrepreneurs which language their startups should adopt when developing their technology. It can be difficult -- without experience building software -- to make an informed choice which is most suitable. PHP is insecure? Ruby on Rails doesnt scale?